Tax Alliance can have your IRS wage garnishment released and secure a collection hold on your account. While your account is put on a collection hold with the IRS, we will evaluate your situation and decide the best tax resolution strategy for you.
Since wage garnishments work as a basic kind of a forced, involuntary installment plan, it might be possible that your garnishment might be halted with a tax resolution process which involves establishing a regular and approved/agreed upon payment plan. An approved payment plan can commonly result in payments that are considerably lower than the suggested wage garnishment amounts. Call our office today and learn why this kind of tax resolution may be the most effective option for you.
A wage garnishment is used to seize your earnings, commissions, or other income (normally called a garnishment). The IRS can also garnish your Social Security income! You have just 30 days from the date of a Final Notice of Intent to garnish to either pay the tax in full or to find a solution to your back taxes. Disregarding the notification, or doing nothing, will surely make matters worse. When the 30 days have passed, the IRS does not need to provide any more notice before confiscating your income.
Tax Alliance can have your IRS wage garnishment released and secure a collection hold on your account. While your account is placed on a collection hold, our team will carefully examine and assess your situation to develop the most effective tax obligation solution offered for you. These remedies vary from resolving your debt with an Offer in Compromise, having fines eliminated by sending a Penalty Abatement, receiving repayments with an Installment Agreement, or preparing your unfiled tax returns.
The IRS can garnish or levy your salaries or receivables and all other income. Besides issuing a wage garnishment to your employer, the IRS can also issue a wage garnishment to various companies that you work for as an independent contractor. The individual or company that the IRS sends out the garnishment notice to is obligated by law to act based on the garnishment criteria and mail any money that was payable to you straight to the IRS instead. Basically, your IRS tax obligation troubles also become the problem of your employer since they need to take extra time and resources to manage the garnishment.
Wage levies remain in effect until the IRS informs the employer that the wage garnishment has been released. If no action is taken on your part, the wage garnishment process will continue until your tax obligation financial debt is paid in full. After the IRS takes their share, there often is not enough left over to pay the rental fee, car payment, or purchase groceries for your family. It is important that you have the best representation and someone that is experienced regarding tax procedures.
Because of advancements in our technology, we are able to communicate with the IRS electronically, its as if we are in the same office! Faster service and more cost effective!
If you are not happy with our tax services within the initial 21 days, we will give you a 100% refund of services rendered, no questions asked!
You find it, we will match it! Tax Alliance will match and beat (by 10%) any competitive offer. Contact our office today and receive a free no obligation tax consultation.
Because of advancements in our technology, we are able to communicate with the IRS electronically, its as if we are in the same office! Faster service and more cost effective!
If you are not happy with our tax services within the initial 21 days, we will give you a 100% refund of services rendered, no questions asked! We help our clients nationwide!
You find it, we will match it! Tax Alliance will match and beat (by 10%) any competitive offer. Contact our office today and receive a free no obligation tax consultation.